Posted on: 22nd Jun, 2009 02:58 pm
my husband an i will file for divorce in the next month. he is buying a property now and i have signed a interspousal transfer deed. he said that the loan and the title of the new property will be on his name only. will i be responsible for any debt regarding this property when we divorce? should i ask him for novation or any form to make sure i wont be responsible for debt?
Melissa
Welcome to the forum
If your name is not on the lona, then you will not be responsible for the loan.
Make sure you do not sing the loan papers
Good luck and feel free to ask
Welcome to the forum
If your name is not on the lona, then you will not be responsible for the loan.
Make sure you do not sing the loan papers
Good luck and feel free to ask